India’s retail inflation falls to 0.25% in October, lowest in over two decades
Economists note that sustained low inflation could support consumer spending, though upside risks remain from global commodity prices and a weakening rupee. The data reinforces India’s strong domestic price stability backdrop.
India’s retail inflation falls to 0.25% in October, lowest in over two decades
Economists note that sustained low inflation could support consumer spending, though upside risks remain from global commodity prices and a weakening rupee. The data reinforces India’s strong domestic price stability backdrop.
Headline CPI slipped to 0.25% in October, hitting a multi-decade low and bolstering odds of an RBI rate cut in December amid falling food costs.
Economists note that sustained low inflation could support consumer spending, though upside risks remain from global commodity prices and a weakening rupee. The data reinforces India’s strong domestic price stability backdrop.
Economists note that sustained low inflation could support consumer spending, though upside risks remain from global commodity prices and a weakening rupee. The data reinforces India’s strong domestic price stability backdrop.